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Cambodia's tax revenue up 17 pct in 8 months of 2013
Source: Xinhua
Time: 2013-Sep-10 15:05
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PHNOM PENH, Sept. 9 (Xinhua) -- Cambodia's General Department of Taxation said Monday it had collected 606 million U.S. dollars of tax in the first eight months of the year, up 17 percent compared with the same period last year.

 

The revenue came from tax on profit, withholding tax, tax on salary, value added tax (VAT), special tax on certain merchandises and services, turnover tax, vehicle tax, patent tax and property tax.

 

In August alone, the department earned 69 million U.S. dollars in tax, up 15 percent compared with the same month last year.

 

In a monthly meeting on Monday, Kong Vibol, director general of the General Department of Taxation, advised officials to continue promoting tax law and consequences of tax evasion to individuals and companies in order to encourage them to pay taxes.

 

The country collected 740 million U.S. dollars of tax last year, up 25 percent year-on-year.

Editor:Xu Rui
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